Kinross Gold
216 hedge funds and large institutions have $1.24B invested in Kinross Gold in 2015 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 78 increasing their positions, 75 reducing their positions, and 25 closing their positions.
2.58% more ownership
Funds ownership: 60.29% → 62.87% (+2.6%)
4% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 75
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less funds holding
Funds holding: 229 → 216 (-13)
18% less call options, than puts
Call options by funds: $12.3M | Put options by funds: $15M
23% less capital invested
Capital invested by funds: $1.61B → $1.24B (-$370M)
48% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$26.1M |
| 2 |
DSC
Donald Smith & Co
New York
|
+$20.5M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$17.8M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$9.63M |
| 5 |
Renaissance Technologies
New York
|
+$9.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$25.4M |
| 2 |
Jennison Associates
New York
|
-$12.4M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$11.9M |
| 4 |
JP Morgan Chase
New York
|
-$9.9M |
| 5 |
CS
Candriam SCA
Strassen, Luxembourg,
Luxembourg
|
-$6.5M |
KGC Hedge Fund Activity: Q3 2015 in Review
216 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q3 2015, worth a combined $1.24B — down 23% from $1.61B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of KGC and 13 opened new positions — a net loss of 12 holders — while 75 trimmed existing stakes and 78 added.
The largest buyer was Bank of New York Mellon, adding an estimated $26.1M. The largest seller was First Eagle Investment Management, cutting an estimated $25.4M.
- 216 institutional investors held Kinross Gold (KGC) as of Q3 2015, down from 229 in Q2 2015.
- Funds reported $1.24B of Kinross Gold stock for Q3 2015, down 23% quarter-over-quarter.
- 13 funds opened new Kinross Gold positions in Q3 2015 and 25 closed out, a net change of -12 holders.
- The largest Kinross Gold buyer in Q3 2015 was Bank of New York Mellon, an estimated $26.1M added.
- The largest Kinross Gold seller in Q3 2015 was First Eagle Investment Management, an estimated $25.4M sold.
Based on aggregated 13F filings for Q3 2015.